Prices

Displaying 21 - 30 of 413

Stiglitz Is Wrong About Marginal Pricing

EntrepreneurshipPraxeologyPrices

Blog06/09/2016

Rising income inequality and concentration of resources into fewer large firms are not a problem for marginal-pricing theory.

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Four Reasons Why Government Spending Is Even Worse Than Taxes

Taxes and SpendingPolitical TheoryPricesValue and Exchange

Blog04/14/2016

The way that government collects taxes is awful. The process of spending it is even worse.

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How the Government is Destroying the World’s Best Oysters

The EnvironmentInterventionismPrices

Blog04/13/2016

Decades of government mismanagement has wreaked havoc on the Apalachicola oyster industry.

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The Drug War Drives Users to More Dangerous Synthetic Drugs

Legal SystemThe Police StatePrices

Blog04/10/2016

Synthetic marijuana is more dangerous and unpredictable than the ordinary kind. It exists because the Drug War has made cheaper, more potent drugs more profitable. And on a black market, safety is not the seller's chief concern.

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Don’t Confuse the Cost of College with the Cost of an Education

Taxes and SpendingPricesValue and Exchange

Blog04/07/2016

Thanks to government loans, the price of college has skyrocketed in recent years because student loans mean colleges can raise their prices without driving away otherwise-price-sensitive students. Only a fraction of the hefty price hikes go toward classroom instruction or core educational...

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The Diabolical Side of ZIRP

Booms and BustsThe FedMoney and BanksBusiness CyclesMoney and BankingPrices

Blog12/14/2015

ZIRP has created massive asset bubbles throughout the world economy, but also has a diabolical impact on ordinary people who are largely disconnected to the bubbles.

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Junk Silver Market is Frozen

Financial MarketsGold StandardPrices

Blog09/09/2015

The "junk silver" (90% US silver coins) seems to have disappeared. After checking several websites that deal in such coins almost all catagories have no inventory to sell. You can still buy bright and shiny versions of the coins at around a 20% premium over the silver value.

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Millions, Billions, Trillions: The Disaster of Socialism, Once Again

World HistoryMoney and BankingPrices

As news of Venezuela’s suffering keeps coming through, one cannot help but feel a certain sense of dread. All governments control the money supply to essentially the same extent that Maduro’s administration does. All around the world we have monetary socialism, where national...

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